Life Science Company and Industry News Briefs

UC Davis Medical Center in Sacramento, California has rapidly grown into one of the nation’s leading life science research institutions. The university has more than 33,000 students, over 2,500 faculty, and more than 21,000 staff. UC Davis Medical Center also has an annual research budget of over $750 million, a comprehensive health system, and 13 specialized research centers.

Some facts highlighting UC Davis Medical Center's role in life science research:

• The School of Veterinary Medicine ranked first of 28 U.S. veterinary schools in NIH-funded research.
• The School of Medicine ranked 34^th among 139 medical schools in 2013. This ranking advances UC Davis School of Medicine three places higher than in 2012.
• 1^st among national universities in number of faculty papers written in the fields of ecology and the environment, agriculture, entomology, food science and nutrition, and plant and animal science.
• 1^st for agriculture and forestry worldwide in 2014
• Tied for 1^st among research universities as the top producer of U.S. Fulbright Scholars from 2012 to 2013.
• 5^th among U.S. universities in the number of international scholars. 

Funding facts that laboratory supply companies cannot afford to miss:

• In the fiscal year 2012 -2013 total research funding at UC Davis Medical Center topped $754 million.
• Nearly 1,000 research grants and contracts totaling $207million at the School of Medicine and 209 grants and contracts totaling $67.2 at the School of Veterinary Medicine in 2013.
• In 2013 over $180 million of research funding was awarded to UC Davis from the National Institutions of Health.

The BioResearch Product Faire™ Event connects laboratory supply companies with UC Davis Medical Center researchers

Unlike canvassing, e-mailing, and calling researchers, participation in an on-campus show helps lab suppy companies target a broad audience and gain face-to-face contact, making it easier to collect high quality sales leads. The BioResearch Product Faire™ Event, which is organized by Biotechnology Calendar, Inc., is one of the best campus vendor showcases in the nation.

Statistics from exhibitor surveys below indicate that exhibiting at the UC Davis Medical Center BioResearch Product Faire™ Event is an outstanding source of sales leads. At last year's event, exhibitors reported that they received:

In the under-$1000-product-price category:

• 20-30 solid leads from 80 visitors, an increase of 25% from the show in 2012
• 25 excellent prospects from 55 visitors for a $800 product ordered up to 10 times per year
• On average 25 solid sales leads were generated to each exhibitor in this category

In the over-$1000-product-price category:

• 15 outstanding prospects from 93 visitors to a single display
• 20 solid sales leads from 67 visitors to another display
• On average 20 solid sales leads were generated to each exhibitor in this category

The 2013 UC Davis Medical Center BioResearch Product Faire™ Event attracted 141 attendees, an increase of 5% from 2012's event.  Of these attendees, 27% were purchasing agents, professors, and postdoctoral associates, 9% were lab managers. These attendees came from 16 different research buildings and 25 on-campus departments.

The UC Davis Medical Center BioResearch Product Faire™ Event also provides an opportunity for lab supply companies to obtain sustained relationships with leading scientists, postdoctoral associates, and graduate students as well as identify and recruit talented employees. On average, 35% of attendees at the annual BioResearch Product Faire™ Events are graduate students and postdoctoral associates. These attendees could be future employees for lab supply companies or potential purchasing decision makers.

UCDMC is a paticularly well-funded marketplace. The university received $180 million from the NIH in 2013 and $47 million so far in 2014. There are more than 1,000 basic science, translational, and clinical research studies in progress and over $200 million in external research funding available.

If you are a lab supply company and would like to market to life science academic market researchers, lab managers and PI’s, you can receive more information about the UC Davis Medical Center BioResearch Product Faire™ Event on June 3^rd 2014 by clicking the button below:

If you are interested in more shows at different institutes cross the nation, please read the National Show Schedule for 2014.